Presettlement funding
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  1. #1
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Pre- Settlement Funding Company

    Any direct funders for the Pre Settlement Funding industry?

    Company offers pre settlement funding to individuals with pending personal injury cases. They are looking to get some expansion funding.
    Last edited by 1StopFunding; 05-17-2016 at 12:33 PM.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  2. #2
    Senior Member Reputation points: 24139
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    I assume you are referring to pre-legal settlement funding? We don't offer it, but it's a space I banked quite a bit. You will want to look at the type of settlement and size of projected settlement -- if its predicable (e.g. personal auto), it's very easy and you should just contact Oasis, JG Wentworth, or Preferred. If it's more complex or a larger settlement or class action, let us know if you'd like other suggestions (no co-brokering, just suggestions -- honestly not even sure how those companies work in terms of ISO referrals).
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  3. #3
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Thanks Carl. It's personal injury pre settlement. I'm going to email you the details!
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  4. #4
    Senior Member Reputation points: 24139
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    Misunderstood the ask -- Cheryl is looking for a lender/funder to provide funds to a pre-legal settlement company. Depending on the settlement type, this can be a pretty stable and predictable business (97% of cases in personal auto are settled and never go to trial -- though "slip and fall" is a completely different story), we just don't fund financial services companies. Good luck, Cheryl, sorry we couldn't help.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  5. #5
    Senior Member Reputation points: 903 Scott Williams's Avatar
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    Happy Rock use to have a pre legal settlement company. They have their merchant service company but also had a settlement company

  6. #6
    This is who you need:

    Jeremy Fink, Esq.
    Atlas Legal Funding
    201-293-4462 ext 206
    www.atlaslegalfunding.com



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